Thousands of Victorian homes save millions on solar

Nearly 7,000 Victorian households have installed solar panels since the Victorian Government’s Solar Homes package was launched in late August 2018, amounting to more than $3.4 million in rebates.

Victorian Minister for Solar Homes Lily D’Ambrosio said around 1,600 households had already received a rebate, with many more solar installation projects underway, generating thousands of jobs across the state.

Melbourne’s growth suburbs are the busiest areas for new solar installations with Tarneit (212) topping the list followed by Clyde North (161), Craigieburn (131), Truganina (123) and Cranbourne East (98).

The Solar Homes package provides up to $2,225 to support the installation of solar panels – helping to ensure Victoria’s energy system is as affordable, resilient and secure as possible.

The Victorian Government’s Solar Homes Package includes:

$1.24B for solar panels on 650,000 homes

$60M for solar hot water for 60,000 homes

$40M to support the purchase of batteries for 10,000 homes

$82M for solar panels on 50,0000 rental homes.

From 1 July 2019, Victorians will be able to install a solar panel system for half price and pay the rest of the cost back over four years with an interest-free loan. Those who purchase solar panels prior to July 2019 are eligible to apply for a rebate on their upfront costs.